Gurgaon, India-based online travel agency Yatra.com took home INR140 crore in its fifth funding round led by IDG Ventures India and Vertex Venture Holding to fund future acquisitions.
Tags: India
LimeRoad sports $15 million in a Series B round allocated for new Android App
India-based LimeRoad, an online ecommerce company, lands a $15 million Series B funding round led by Tiger Global on Tuesday. Other participants include Lightspeed Venture Partners and Matrix Partners India.
Chinese startup ChaseFuture bags $400K in seed round to coach international students on university admissions
Shanghai, China-based university applicant mentoring startup ChaseFuture bagged $400,000 in its seed funding round led by Banyan Partners and Harbor Pacific Capital to assist international students in university admission tests.
GE unit to invest $24M in Welspun's solar power project in India
GE Energy Financial Services announced that it will invest $24 million in Welspun Renewables Energy Pvt Ltd's solar power project in Neemuch, India to help more people in the country have access to renewable energy.
Seattle entrepreneur to crowdfund 3D printing machine that uses recycled plastic as ink
Seattle, US-based entrepreneur Liz Havlin is set to launch a crowdfunding campaign via Kickstarter to raise $30,000 to develop a 3D printer called the Legacy that uses recycled colored plastic as ink.
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Pune, India-based tablet and phablet manufacturer Swipe Telecom nabbed a $4.9-million (INR30 crore) investment from Kalaari Capital to widen its market reach across the country.
Indian e-commerce marketplace giant SnapDeal snapped up Noida-based fashion products discovery site Doozton for an undisclosed amount to leverage the latter's personalized shopping technology for its own platform.
Mumbai, India-based decorative and industrial paint manufacturer Asian Paints (International) Ltd picked up a 51% stake in Ethiopia-based paint maker Kadisco Chemical Industry PLC for an undisclosed amount.
Unitus Seed Fund backed Mumbai, India-based dental clinic chain Smile Merchants with an undisclosed investment to develop the latter's hub-and-spoke system and fund its national expansion.
Gurgaon, India-based smartphone maker Micromax Informatics Ltd is eyeing the purchase of an undisclosed stake in Seoul, South Korea-based rival Pantech Co Ltd in a bid to expand internationally, according to unnamed sources.
Microsoft has innovated an Indian hotline for startups to give advice, available during business hours from Monday to Friday, reported Venture Beat.
Samridhi Fund invested INR18 crore in Bhubaneswar-based diabetes care provider Kanungo Institute of Diabetes Specialties (KIDS) to help the latter expand its services in rural India.
Microsoft Ventures in India established the world's first startup hotline in Bangalore to give startups access to real-time professional advice regarding the accounting, taxation, legal, and technical aspects of a business via toll-free number.
Kohlapur, India-based commercial bank Ratnakar Bank Ltd pocketed $54.6 million (INR3.28 billion) from foreign investors CDC Group and Asia Capital and Advisors through the sale of an undisclosed minority stake to fund its rural expansion.
